“We either build the Terafab or we don’t have the chips, and we need the chips, so we build the Terafab.” — Elon Musk, March 21, 2026
Dear G.L.A. Community,
On Saturday night, from the historic Seaholm Power Plant in Austin, Texas, Elon Musk did what Elon does best — he made science fiction feel inevitable.
He officially launched TERAFAB — a $20-25 billion joint venture between Tesla, SpaceX, and xAI to build the most ambitious chip fabrication facility in human history.
And if you’ve been following our research at G.L.A. INVEST, none of this should surprise you. This is exactly what our Bible has been telling us for years.
🏭 What Is TERAFAB?
Let’s break it down in plain English:
TERAFAB is a chip factory — but calling it a “chip factory” is like calling SpaceX a “bottle rocket company.” This facility will:
Produce over 1 terawatt of AI compute annually — the entire global chip industry currently produces roughly 20 gigawatts per year. Elon is building 50x that.
Manufacture two specialized chip families: AI5/AI6 processors for Tesla’s Optimus robots and Full Self-Driving, plus D3 chips hardened for SpaceX’s orbital AI data centers.
Target 100-200 billion custom AI and memory chips per year
Use 2-nanometer process technology — the most advanced chip node in commercial production.
Span 100 million square feet — that’s 15 Pentagons or three Central Parks.
Musk framed it simply: existing suppliers like TSMC, Samsung, and Micron cannot expand fast enough. Tesla projects a chip supply constraint within 3-4 years as it scales FSD, Cybercab robotaxis, and Optimus. So instead of waiting in line, Elon is building his own line.
That is vertical integration at a scale the world has never seen.
📖 Why This Validates the G.L.A. Bible
Bible Rule #3 — THE PLAYING FIELD: “We believe we are in the beginning phases of the largest innovation/productivity boom in human history, driven by AI, ROBOTICS, ENERGY STORAGE, BLOCKCHAIN, and GENOMICS.”
TERAFAB is the physical manifestation of Rule #3. Elon isn’t just talking about the innovation boom — he’s BUILDING the infrastructure for it. AI chips for robots. Space-hardened processors for orbital data centers. Custom silicon for autonomous vehicles.
Bible Rule #4 — KNOW WHAT WE OWN: “We invest in companies with visionary founders… companies that have strong impenetrable moats.”
Ask yourself: who else on the planet is simultaneously building autonomous vehicles, humanoid robots, reusable rockets, orbital internet constellations, AND their own chip fabrication facility? Nobody. The moat just became a canyon.
Bible Rule #5 — Information is the Most Valuable Commodity: While CNBC was running segments about Tesla’s stock dipping 3% on Friday, we were studying the most consequential manufacturing announcement since Intel built its first fab. The media sees a stock ticker. We see a civilization-scale infrastructure play.
🔺 The Three Pillars Working Together
What makes TERAFAB truly unprecedented is the convergence:
TESLA:
8 million vehicles delivered, 2 million/year production
Optimus humanoid robot development
109 GWh of energy storage deployed globally
Gigafactory scaling expertise
Only lithium refinery in the United States
SPACEX:
Reusable rocket technology
Starlink: 7,000+ satellites, millions of subscribers
TERAFAB D3 chips for orbital AI data centers
Launch capability to put AI compute in orbit
xAI:
First gigawatt-scale AI training cluster
Largest coherent supercomputer on Earth
Grok AI platform
🍎 The Apple Analogy: Stop Picking Up Pennies While Stepping Over Dollars
Here’s what I need you to hear:
We’ve seen this movie before.
In 2010-2011, traders were buying and selling Apple at $40-50 a share, trying to grab a few points. They’d make $500 on a trade and feel like geniuses. Today, Apple trades thousands of percent higher. Those traders grabbed pennies while stepping over hundred-dollar bills.
The same thing happened with Google, Netflix, Facebook, and Amazon. Day traders spent years trying to time entries and exits on companies that were fundamentally reshaping the world. They made fractions of what the long-term investors made.
G.L.A. Bible Rule #1: “You can’t get those returns by trading. The folks who were buying and selling made a small fraction of what the long-term investors made.”
Rule #7 — Miss 10 Days, Lose Half Your Gains: The majority of stock market gains each year come from just a handful of unpredictable rally days. Miss them, and your returns get cut in half.
Tesla is trading around $367 today. The media is screaming about Iran, tariffs, and corrections. And Elon Musk just announced he’s building a $25 billion chip factory to power autonomous robots and orbital AI data centers.
Which reality are you investing in?
🏆 Tesla: Our #1 Public Market Investment
Vehicles: 8 million delivered. Cybercab robotaxi coming. Model 2 affordable EV in production.
Energy: 109 GWh deployed. Megapack growing 100%+ YoY.
AI/FSD: Full Self-Driving improving exponentially.
Optimus: The humanoid robot that could be worth more than the entire car business.
TERAFAB: Vertical integration into chip manufacturing.
No other company on Earth has this combination. Not Apple. Not Google. Not Amazon. Not NVIDIA.
🚀 SpaceX: Our #1 Private Market Investment
Starlink: 7,000+ satellites, millions of subscribers, printing cash
Reusable rockets: Cost per kg to orbit dropped 95% in a decade
TERAFAB D3 chips: Custom space-hardened processors for orbital AI
Mars: The long-term mission. TERAFAB builds the chips that run the machines that build the colony.
SpaceX is available to accredited investors through our Summit Venture Partners network.
📋 What Should You Do Right Now?
Bible Rule #6 — Volatility is a Feature, Not a Bug: “The stock market is the only store on earth where the shoppers get scared during a sale.”
Our Tesla view — HOLD. We believe this correction is temporary. TERAFAB is permanent.
Our Tesla view — BUY. We favor dollar cost averaging.
Stop trading, start investing. The Apple traders of 2010 learned this lesson the hard way.
Ignore the media. Bible Rule #8: The finance media is NOT your friend.
📊 Our Track Record Speaks For Itself
Sexy 6 Portfolio CAGR: 72.2%
2021: +54% | 2023: +174% | 2024: +212% | 2025: +51%
THE SEXY 6: $TSLA | $PLTR | $MSTR | $HOOD | $NVDA | $ARKB
The playing field for the next decade just got a lot clearer.
Stay researching. Stay investing. Stay patient.
The best is yet to come. 🦁
— Kyle Manning
Founder, G.L.A. INVEST Research Consulting
25 Years in Finance | 20 Years Series 7 Licensed
📖 Read the full G.L.A. INVEST Bible: Our Investing Constitution
DISCLAIMER: G.L.A. INVEST Research Consulting provides educational content and research only. This newsletter does not constitute financial advice, investment recommendations, or solicitations to buy or sell securities. G.L.A. INVEST is not a registered broker-dealer or investment advisor. All investments carry risk, including the potential loss of principal. Past performance does not guarantee future results. The Sexy 6 portfolio returns referenced are based on model portfolio calculations and may not reflect actual investor returns. Always conduct your own research and consult with a licensed financial professional before making investment decisions. Pre-IPO investments through Summit Venture Partners are available to accredited investors only and carry significant risk including total loss of investment and illiquidity.